FINN GADE ERHVERV ApS — Credit Rating and Financial Key Figures

CVR number: 81438013
Torsvej 133, Nørlem 7620 Lemvig

Company information

Official name
FINN GADE ERHVERV ApS
Personnel
1 person
Established
1977
Domicile
Nørlem
Company form
Private limited company
Industry

About FINN GADE ERHVERV ApS

FINN GADE ERHVERV ApS (CVR number: 81438013) is a company from LEMVIG. The company recorded a gross profit of 445.8 kDKK in 2024. The operating profit was 1058.5 kDKK, while net earnings were 1342.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINN GADE ERHVERV ApS's liquidity measured by quick ratio was 20 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit791.65779.09845.71805.56445.84
EBIT300.53350.40395.03379.171 058.55
Net earnings216.46250.83144.45476.451 342.15
Shareholders equity total24 242.5624 382.7924 414.2524 776.2926 000.65
Balance sheet total (assets)26 540.2026 628.5326 837.1627 279.6828 784.87
Net debt-11 481.00-11 647.09-12 052.61-12 757.39-13 250.18
Profitability
EBIT-%
ROA1.3 %1.6 %3.2 %2.5 %6.4 %
ROE0.9 %1.0 %0.6 %1.9 %5.3 %
ROI1.3 %1.6 %3.3 %2.6 %6.5 %
Economic value added (EVA)- 382.90- 368.13- 331.83- 325.40221.60
Solvency
Equity ratio91.3 %91.6 %91.0 %90.8 %90.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio25.229.422.520.620.0
Current ratio25.229.422.520.620.0
Cash and cash equivalents11 481.0011 647.0912 052.6112 757.3913 250.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.37%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.3%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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